What is the maximum mileage for a vehicle to still be considered "new" after being used for demonstration purposes?

Study for the Colorado Motor Vehicle Dealer Board Exam. Enhance knowledge with quiz questions that come with hints and explanations. Prepare confidently for your dealer board exam!

A vehicle that is used for demonstration purposes can retain its "new" status as long as it has not exceeded a specific mileage threshold. In Colorado, this limit is set at 1,500 miles. This provision is important because it allows dealerships to showcase vehicles to potential buyers without losing the new classification, which is essential for warranty and resale value.

Once the vehicle exceeds 1,500 miles, it may no longer be considered "new" under regulations, which could impact various factors such as pricing and the type of warranties applicable. Therefore, recognizing the allowable mileage limit is crucial for both dealers and consumers in understanding the status of the vehicle being sold. This ensures that both parties are fully informed about the condition and classification of the vehicle in question.

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